Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its holdings in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 80.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,105 shares of the company’s stock after selling 24,353 shares during the quarter. Truist Financial Corp owned 1.88% of Grayscale Bitcoin Mini Trust worth $256,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Asset Dedication LLC lifted its position in shares of Grayscale Bitcoin Mini Trust by 56.5% during the 4th quarter. Asset Dedication LLC now owns 1,175 shares of the company’s stock valued at $49,000 after buying an additional 424 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in Grayscale Bitcoin Mini Trust during the fourth quarter worth $27,000. Modus Advisors LLC purchased a new position in Grayscale Bitcoin Mini Trust during the fourth quarter valued at $29,000. Harbor Investment Advisory LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at about $40,000. Finally, Quent Capital LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust during the fourth quarter worth about $53,000.

Grayscale Bitcoin Mini Trust Stock Performance

BTC opened at $40.08 on Thursday. Grayscale Bitcoin Mini Trust has a twelve month low of $22.00 and a twelve month high of $48.07. The company has a 50-day moving average price of $42.84 and a 200 day moving average price of $36.69.

Grayscale Bitcoin Mini Trust Profile

The Grayscale Bitcoin Mini Trust ETF (BTC) is an exchange-traded fund that is based on the CoinDesk Bitcoin Cash Price index. The fund is passively managed, offering exposure to the daily USD spot price of Bitcoin, less expenses and liabilities. An investment in the fund is not a direct investment in Bitcoin.